Is Brigit App Legit And Safe?

Last Updated on January 27, 2025 by Amrita Das

In recent years, the rise of online financial services has made it easier for individuals to access quick and convenient loans. However, with so many options available, it is important to carefully evaluate the legitimacy and safety of these services before using them. So, in the case of Brigit comes to the same concern – “Is Brigit App legit and safe to use”.

In this article, we will thoroughly examine whether or not Brigit is a legitimate and safe option for those in need of small loans. So, let’s read this guide and find out if Brigit can be trusted for your financial needs.

Table of Contents

About Brigit: Is Brigit App Legit And Safe?

Brigit is a unique and innovative cash advance app that has been making waves since its launch in 2019. With over 4 million members, the New York-based company has already saved its users from an astounding $750 million in fees.

This impressive feat can be attributed to Brigit’s mission of making managing money easier for everyone. It offers a range of services, including budgeting tools, credit monitoring, cash advances, and even credit builder loans.

With Brigit by your side, you can say goodbye to the stress of overdraft fees and high-interest payday loans.

One of the standout features of Brigit is its predictive budgeting tools. Unlike traditional budgeting apps, Brigit goes beyond just tracking your spending. It analyzes your banking history and uses that data to predict when you might be at risk of overdrafting.

This proactive approach allows Brigit to automatically send a cash advance between $50 and $250 to help bridge any short-term gaps in your expenses. As a result, users can avoid expensive overdraft fees and maintain control over their finances.

How Does the Brigit App Work?

As you know, Brigit is an innovative financial tool that helps individuals manage their cash flow by offering advances on their upcoming paychecks. Once you qualify for an advance, receiving the funds in your account can take up to three business days.

However, if you need the money sooner, Brigit offers express funding for a small fee ranging from $0.99 to $3.99, which is included with a premium subscription.

Once the funds are deposited via EFT, Brigit sets a repayment date for your advance. This date is usually aligned with your next direct deposit, making it easier for you to repay the amount. However, if you prefer a different repayment date, you can set it manually.

It is essential to note that Brigit processes payments in 2-5 business days, so it’s vital to plan accordingly and ensure you have enough funds in your account. In case you are unable to make the payment on time, Brigit allows you to request a payment extension through the app.

This feature comes at no additional cost, making it convenient for those facing temporary financial setbacks. With Brigit, users can have peace of mind knowing they won’t be charged any fees or interest for requesting a payment extension.

Brigit Best for: Users in Need of a Quick Cash Solution

Brigit is the perfect solution for users who find themselves in need of a small amount of cash immediately. Unlike other similar apps, Brigit offers a lower maximum borrowing amount which makes it ideal for those who only require a small loan.

The app operates on an incremental increase system, meaning that with each timely repayment, users are eligible for a slightly higher borrowing limit. This feature not only helps users manage their finances responsibly but also allows them to gradually build trust and improve their credit score over time.

So whether you just need some extra money to cover unexpected expenses or are looking for a reliable way to build your financial stability, Brigit is the best option for those who only require a small loan.

Is Brigit App Legit and Safe?

Brigit is a legitimate financial company that has been providing services to its customers since 2019. However, the legitimacy of the company was called into question when it faced legal action from the Federal Trade Commission (FTC) in November 2023.

The FTC alleged that Brigit had engaged in deceptive marketing practices, which led to a settlement between the two parties. Despite this incident, Brigit continues to operate and provide financial services to its customers.

When it comes to determining the reputation of a company, customer ratings play a crucial role. In this aspect, Brigit has received positive feedback from its users on various platforms such as Trustpilot, Google Play, and Apple App Store.

Hundreds of thousands of customers have rated Brigit highly, indicating their satisfaction with the company’s services. However, it is worth noting that Brigit has a poor rating on the Better Business Bureau (BBB) website.

The BBB is a well-known organization that helps consumers find trustworthy businesses. Unfortunately, Brigit is not accredited by the BBB and currently holds a low rating. This could be due to the FTC charges brought against the company, which resulted in a warning being issued by the BBB.

However, the company has taken steps to address the issues raised by the FTC and is committed to providing transparent and honest financial services.

Therefore, while the incident in 2023 may have raised doubts about Brigit’s legitimacy, it is important to note that the company has taken responsibility for its actions and is working towards rebuilding trust with its customers.

Eligibility Criteria for Brigit Cash Advance

To be eligible for a cash advance from Brigit, you must meet certain criteria related to your bank account, approval ratings, and minimum balance requirements.

Bank Account Requirements

Brigit requires that your bank account meets specific criteria in order to be eligible for a cash advance. This includes having a balance above $0, having at least three recurring deposits from the same source, and maintaining an active account for at least 60 days.

These requirements ensure that you have a stable financial standing and are able to repay the borrowed amount.

Approval Criteria

In addition to bank account requirements, this platform also uses its scoring model called Brigit Score to determine eligibility for a cash advance. This score ranges from 0 to 100, with a minimum required score of 40 to be eligible for a cash advance. The app gives your score so you can monitor your eligibility.

Minimum Balance Requirement

Brigit also requires that you keep a minimum average fund at the end of every payday to be eligible for a cash advance. This ensures that you have enough funds to cover the borrowed amount and avoid any late fees. However, Brigit does not charge any late fees, making it easier for customers to repay their borrowed amounts.

Understanding the Process of Taking out an Advance with Brigit

Taking out a cash advance through Brigit is a simple process that can provide you with much-needed financial assistance in times of need. With just a few steps, you can have the money deposited into your bank account within minutes.

Connecting Your Primary Checking Account

The first step towards taking out an advance with Brigit is downloading the mobile app and connecting your primary checking account. This allows Brigit to assess your financial situation and determine if you are eligible for a cash advance.

It is important to note that your connected account must score above 40 out of 100 in order for you to request an advance.

Requesting an Advance and Choosing Your Repayment Date

Once your account has been connected and assessed, you can request an advance of up to your approved money. This amount is determined by your Brigit score. After selecting the desired amount, you will then select your repayment date, which is typically aligned with your next payday.

Receiving the Money

After completing the above steps, you can see the approved money deposited into your connected account within minutes. Brigit also offers the option for expedited delivery for a fee, which will provide you with the money even faster. If you choose not to pay the fee, you can still receive your funds within 2 to 3 business days.

Requesting Extensions

In case of any unforeseen circumstances that may prevent you from repaying your advance on time, Brigit also offers extensions. These extensions can be requested directly through the mobile app and allow for more repayment flexibility.

This feature sets Brigit apart from traditional cash advance services, as they understand that financial situations can be unpredictable.

Brigit’s Account Review Process: How Long Does It Take?

Brigit understands how important it is to get your account reviewed as quickly as possible. That’s why they strive to complete the process within three deposit cycles.

According to their website, this allows them enough time to verify your eligibility by looking at a minimum of three recent deposits made on the same schedule. This ensures an accurate assessment of your account and helps Brigit provide you with the best possible service.

Understanding Your Brigit Score: Is Brigit App Legit?

What is the Brigit Score?

The Brigit Score is an important factor in determining your eligibility for Brigit Instant Cash, which provides users with quick access to cash when they need it most. The score ranges from 0 to 100, with a minimum requirement of 40 to qualify for Instant Cash.

How is the Brigit Score Calculated?

Your Brigit Score is calculated based on various categories including your bank account status as well as activity, spending habits, payment history, and monthly recurring deposits as well as deposit history.

This comprehensive evaluation takes into account various aspects of your financial habits to give an accurate representation of your overall financial health.

Why is the Brigit Score Important?

Having a good Brigit Score not only helps you qualify for Instant Cash, but it also reflects positively on your financial management skills. It shows that you have a healthy bank account, responsible spending habits, and a consistent income stream.

How to reach Brigit platform?

Brigit’s Customer Care Team is always available to assist you with any questions or concerns you may have. Whether it’s a simple inquiry or a complex issue, they stand to help you. To best reach them, they recommend using their new AI Agent, Sonny.

Sonny is available 24/7 and can quickly provide solutions to most problems. In the rare case that Sonny can’t help, your question will be transferred to one of their experienced Customer Care Associates who will respond within 24 hours.

They understand the importance of timely and efficient communication, which is why they strive to provide the fastest and most effective way for their customers to reach them.

Is Brigit App Legit And Safe?: FAQs

Q: Will Brigit’s advance cause an overdraft fee?

A: No, Brigit thoroughly checks your upcoming income before approving a cash advance to ensure that it will not lead to an overdraft. This means using Brigit cash advance should not result in any overdraft fees under normal circumstances.

Q: How much does Brigit charge for its subscription?

A: Brigit offers two subscription tiers – Plus for $9.99 per month and premium for $14.99 per month. There is also an additional fee of $0.99 to $3.99 for instant cash advance funds, based on your subscription tier.

Q: How Quickly Can You Receive an Advance from Brigit?

A: Brigit app states that it can take up to 3 days for your cash advance to be deposited into your bank account. While some apps offer fast funding for a fee, the norm is typically 1-2 days due to ACH processing time. However, this timeline may vary depending on your bank’s policies and procedures.

Q: How does Brigit ensure the security of my data?

A: Brigit uses 256-bit encryption to protect your data, and there have been no reported breaches. Rest assured that your information is safe with them.

Q: How much can I borrow from Brigit Cash Advance?

A: With Brigit, you can borrow up to a maximum advance limit of $250. However, the exact amount you are approved for may vary depending on the health of your connected bank account and can potentially increase over time with responsible repayment behavior.

Q: How does Brigit help you build credit?

A: Brigit offers a unique credit-builder loan that allows you to make small monthly payments for a year. This helps you establish and improve your credit.

Once the year ends, you can transfer the money from your Brigit account to your linked bank account and use it as you wish. This provides an easy and effective way to build credit without traditional savings accounts.

Is Brigit App Legit And Safe? Conclusion

So, Is the Brigit app legit and safe? Yes, it is a legitimate and safe option for individuals needing small loans. Despite past legal actions taken against the company, they have made efforts to address these issues and continue to provide transparent and honest services to their customers.

By carefully following their approval criteria and maintaining a minimum balance requirement, users can easily take out a cash advance using the mobile app.

Additionally, Brigit’s option for extensions and positive customer ratings showcase their commitment to providing flexible and satisfactory services. Overall, Brigit can be considered a trustworthy and reliable option for individuals in need of financial assistance.